International Flavors & Fragrances Inc. (NYSE:IFF) Receives Consensus Recommendation of "Moderate Buy" from Analysts

International Flavors & Fragrances Inc. (NYSE:IFF - Get Free Report) has earned an average rating of "Moderate Buy" from the fourteen brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $94.54.

A number of analysts recently weighed in on the stock. Barclays reduced their target price on shares of International Flavors & Fragrances from $82.00 to $76.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. JPMorgan Chase & Co. reduced their target price on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. Argus upgraded shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Cfra cut shares of International Flavors & Fragrances from a "buy" rating to a "sell" rating and set a $77.00 target price for the company. in a report on Thursday, February 20th. Finally, Morgan Stanley reduced their target price on shares of International Flavors & Fragrances from $106.00 to $100.00 and set an "overweight" rating for the company in a report on Thursday, April 10th.

Insiders Place Their Bets

In other International Flavors & Fragrances news, Director Kevin O'byrne purchased 6,500 shares of the business's stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of $80.44 per share, for a total transaction of $522,860.00. Following the acquisition, the director now owns 6,500 shares of the company's stock, valued at $522,860. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. SBI Securities Co. Ltd. bought a new position in shares of International Flavors & Fragrances during the 4th quarter valued at $32,000. Fairway Wealth LLC bought a new position in shares of International Flavors & Fragrances during the 4th quarter valued at $34,000. Rialto Wealth Management LLC acquired a new position in International Flavors & Fragrances in the 4th quarter valued at $42,000. Mather Group LLC. grew its stake in International Flavors & Fragrances by 179.9% in the 1st quarter. Mather Group LLC. now owns 655 shares of the specialty chemicals company's stock valued at $51,000 after buying an additional 421 shares during the last quarter. Finally, Principal Securities Inc. grew its stake in International Flavors & Fragrances by 36.6% in the 4th quarter. Principal Securities Inc. now owns 638 shares of the specialty chemicals company's stock valued at $54,000 after buying an additional 171 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

International Flavors & Fragrances Price Performance

Shares of International Flavors & Fragrances stock traded up $0.02 on Wednesday, hitting $76.26. The company had a trading volume of 1,015,889 shares, compared to its average volume of 1,535,466. The business has a 50-day simple moving average of $77.03 and a 200-day simple moving average of $85.15. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93. The company has a market cap of $19.50 billion, a PE ratio of 81.13, a PEG ratio of 1.45 and a beta of 1.21. International Flavors & Fragrances has a 52 week low of $65.85 and a 52 week high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.14. The business had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.67 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. Research analysts expect that International Flavors & Fragrances will post 4.32 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 21st were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $1.60 dividend on an annualized basis and a yield of 2.10%. International Flavors & Fragrances's payout ratio is 170.21%.

About International Flavors & Fragrances

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.